Timminco Provides Update on Solar Grade Silicon Operations

Timminco Limited ("Timminco" or the "Company") (TSX:TIM) is providing an update
on the production and operations of its solar grade silicon product line for its
third quarter ended September 30, 2008.


For the third quarter, the Company produced 342 metric tons (mt) of solar grade
silicon and shipped 300 mt, bringing 2008 year to date shipments of solar grade
silicon to more than 600 mt. Production and shipments increased sequentially
each month during the quarter, with September production reaching a record
monthly volume. The ramp up of production continues and operational improvements
are being implemented. All of the material shipped during the quarter was within
customer specification.


The Company reiterates its guidance for shipments in 2008 in the range of 1,200
to 1,500 mt of solar grade silicon.


The Company will provide additional details on the progress of its solar grade
silicon production when it releases third quarter results in November 2008.


About Timminco

Timminco is a leader in the production and marketing of lightweight metals,
specializing in solar grade silicon for the rapidly growing solar photovoltaic
energy industry. Using its proprietary technology, Timminco processes
metallurgical grade silicon into low cost solar grade silicon for use in the
manufacture of solar cells. Timminco also produces silicon metal, magnesium
extrusions and other specialty metals for use in a broad range of industrial
applications serving the aluminum, chemical, pharmaceutical, electronics and
automotive industries.


CAUTIONARY NOTE ON FORWARD-LOOKING INFORMATION

This news release contains "forward-looking information", as such term is
defined in applicable Canadian securities legislation, concerning Timminco's
future financial or operating performance and other statements that express
management's expectations or estimates of future developments, circumstances or
results. Generally, forward-looking information can be identified by the use of
forward-looking terminology such as "expects", "believes", "anticipates",
"budget", "scheduled", "estimates", "forecasts", "intends", "plans" and
variations of such words and phrases, or by statements that certain actions,
events or results "may", "will", "could", "would" or "might" "be taken", "occur"
or "be achieved". In this news release, such information includes statements
regarding projected output of solar grade silicon for the current year. 

Forward-looking information is based on a number of assumptions and estimates
that, while considered reasonable by management based on the business and
markets in which Timminco operates, are inherently subject to significant
operational, economic and competitive uncertainties and contingencies. Timminco
cautions that forward-looking information involves known and unknown risks,
uncertainties and other factors that may cause Timminco's actual results,
performance or achievements to be materially different from those expressed or
implied by such information, including, but not limited to: limited history with
solar grade silicon production; expansion of solar grade silicon production and
sales; production capacity expansion at the Becancour facilities; protection of
intellectual property rights; increasing and maintaining the purity of solar
grade silicon; long-term contracts for supplying solar grade silicon; selling
prices for solar grade silicon; price volatility for silicon metal; pricing and
availability of raw materials for silicon metal and solar grade silicon
production; dependence upon power supply for silicon metal production; cost of
solar grade silicon production; price volatility for magnesium metal; magnesium
supply chain interruptions; dependence upon key customers of magnesium extruded
and fabricated products; manufacturing cost reduction initiatives; financing
requirements for capital expenditures; limitations under existing credit
facilities; foreign currency exchange; dependence upon key executives and
employees; customer concentration; completion and integration of potential
acquisitions, partnerships or joint ventures; risks with foreign operations and
suppliers; environmental, health and safety laws and liabilities; equipment
failures; transportation disruptions; conflicts of interest; intellectual
property infringement claims; new regulatory requirements; labour disputes; and
changes in tax laws. These factors are discussed in greater detail in Timminco's
Annual Information Form for the year ended December 31, 2007, which is available
via the SEDAR website at www.sedar.com. Although Timminco has attempted to
identify important factors that could cause actual results, performance or
achievements to differ materially from those contained in forward-looking
information, there can be other factors that cause results, performance or
achievements not to be as anticipated, estimated or intended. There can be no
assurance that such information will prove to be accurate or that management's
expectations or estimates of future developments, circumstances or results will
materialize. Accordingly, readers should not place undue reliance on
forward-looking information. The forward-looking information in this news
release is made as of the date of this news release and Timminco disclaims any
intention or obligation to update or revise such information, except as required
by applicable law.


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